1. The Growth of Microfinance and the Role of DSS in Reducing Its Volatility.
- Author
-
Singh, Ritika and Bhar, Chandan
- Subjects
MICROFINANCE ,MARKET volatility ,DECISION support systems ,FINANCIAL services industry - Abstract
This paper gives the reader a tool to handle the current crisis faced by the microfinance industry in Andhra Pradesh, India. Microfinance has gained importance in the Indian and the global economy. This paper highlights the reason for this importance and its success while tracking the evolution of the industry. The paper highlights the global trend of the industry using regionspecific parameters. It further analyzes the gradual growth of the Indian microfinance industry in a chronological manner. Finally, the paper highlights the role of technology, especially Decision Support System (DSS), in reducing the volatility of the decisions made by the Microfinance Institutions (MFIs). [ABSTRACT FROM AUTHOR]
- Published
- 2014